Standard Recovery - India (Follow-on)
Closed Special Notice Posted
This opportunity was awarded. See the award notice from .
- Solicitation number
- 83310126Q0054
- Agency
-
Export Import Bank of the US
- Responses due
- Set-aside
- No set-aside
Opportunity facts
- NAICS code
- 541110 Offices of Lawyers
- PSC
- R418 Support- Professional: Legal
- Place of performance
- Netherlands
- Points of contact
Notice details come from SAM.gov. Updated .
About this opportunity
The Export-Import Bank of the United States announced on July 21, 2026, its intent to issue a sole-source follow-on award for asset protection and recovery services related to a defaulted loan case in India, with responses due by August 4, 2026. The procurement is restricted to the incumbent contractor under FAR 16.505(2)(c), which permits sole-source follow-on awards when a recovery action remains pending beyond the original contract term and the same recovery case continues. EXIM justifies this approach on the grounds that retaining the original vendor ensures equitable distribution of recovery rewards and maintains continuity with the limited vendor pool specialized in Indian legal jurisdictions and EXIM's administrative requirements.
The work involves asset searches, site visits, negotiations, litigation, documentation of agreements, asset embargoes, and asset execution to collect outstanding amounts owed by the obligor and guarantors for Claim No. G692549. Performance spans EXIM Bank headquarters in Washington, D.C., India, and the Netherlands. The contract replaces expiring contract 83310121C0010 (terminating August 19, 2026) and is structured as a five-year Firm Fixed Price purchase order with contingency-based compensation tied to a percentage of monies actually recovered. The contractor must possess expertise in Indian judicial systems and employ duly qualified attorneys registered in India if litigation is required. NAICS code 541110 (Offices of Lawyers) applies, with a $16 million size standard. Contracting Officer Travis Finkle (Travis.Finkle@exim.gov) manages the procurement from the Office of Contract Services, 811 Vermont Avenue NW, Washington, DC 20571.
Notice text
Synopsis – 83310126Q0054 | Claim(s) in INDIA (Follow-on)
EXIM Bank, headquartered in Washington, D.C., is providing this notice of intent to issue a sole source a follow-on award to provide asset protection and recovery services.
The applicable Product/Service Code is R418.
The applicable North American Industry Classification System (NAICS) code is 541110 - Offices of Lawyers, which has a size standard of $16M.
This requirement is to assist EXIM in its efforts to collect outstanding amounts owed to EXIM by the obligor/buyer and all guarantors, if any. These efforts will include, as EXIM may direct, asset searches, site visits, negotiations, litigation, documentation of agreements, embargoing assets and executing upon assets. See attached PWS.
When an individual AMD recovery contract ends but the recovery action is still pending resolution, we award follow-on contracts on a sole source basis to the original vendor (per FAR 16.505(2)(c)) as long as it is for the same recovery case(s). The rationale for this is the combination of contingency payment agreement and the frequent long length of the recovery process. With limited vendor availability, if we did not follow this practice, the original vendor could perform most of the work and the subsequent vendor would reap the rewards of any funds recovered. By awarding follow-on contracts in this manner, we establish fairness for the vendors in an unusual situation, retain good relations with a limited vendor pool for future needs, and therefore get the best long-term benefit to the government.
Place of Contract Performance:
EXIM Bank in Washington, D.C., India and the Netherlands
Contracting Point of Contact and/or Contracting Officer:
Travis Finkle
Travis.Finkle@exim.gov
Contracting Office Address:
Office of Contract Services
811 Vermont Ave., NW
Washington, DC 20571
Files
| File | Type | Posted |
|---|---|---|
| JOFOC_IR_India_FINAL_Redacted.pdf | ||
| PWS_IR_India_FINAL_Redacted.pdf |
Notice history
| Notice | Type | Posted |
|---|---|---|
| Standard Recovery - India (Follow-on) | Award Notice | |
| This notice | Special Notice |
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